NEW YORK — (AP) — After a manic week where Japanese stocks fell to their worst loss since the Black Monday crash of 1987, only for U.S. stocks to soar later to their best day since 2022, slight gains on Friday are carrying Wall Street almost exactly back to where it started the week.
The S&P 500 was up 0.3% in late trading, enough to shave what had been a brutal loss for the week down to 0.2%. The Dow Jones Industrial Average was up 2 points, or less than 0.1%, with less than an hour remaining in trading, and the Nasdaq composite was 0.3% higher.
The gains pulled the S&P 500 back within 6% of its all-time high set last month after it briefly sank nearly 10% below it during the week. But the vicious return of volatility, which shattered what had been a placid run for stocks and saw a measure of fear on Wall Street surge toward …